Last week, we sponsored the Invest Europe CFO Forum in Lisbon
and, as you might expect, the subject of Brexit made it onto the
agenda.
Contingency plans seemed largely to centre on structuring funds
in EU Member States, but what if rather than facing an either-or
when it comes to EU vs non-EU (ergo the UK) there was a third
option?
Obviously, I'm going to say Jersey at this point but there
are clear reasons why Jersey does hold the cards over the binary in
or out option so often touted, especially when set against the
backdrop of not only Brexit but also the Alternative Investment
Fund Managers Directive.
Which brings me nicely onto the first of several clear
advantages Jersey can offer – certainty. Jersey is neither part of the EU nor of the UK
although it's proud to say that it works well with both.
This third-country status means that its agreements with both the
UK and EU Member States are already fully functional and will
remain unchanged throughout the
